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(1)In section 127 of the GLA Act 1999 (proper financial administration and chief finance officer) for subsections (5) and (6) substitute—
“(5)Section 127A below makes further provision with respect to the Authority's chief finance officer for the purposes of subsection (2)(b) above.”.
(2)After section 127 insert—
(1)The Mayor and the Assembly, acting jointly, shall appoint a person to be the chief finance officer of the Authority.
(2)Any appointment under subsection (1) above is an appointment as an employee of the Authority and—
(a)section 7 of the Local Government and Housing Act 1989 (staff to be appointed on merit) shall apply in relation to any such appointment as if the Authority were a local authority;
(b)section 8 of that Act (duty to adopt standing orders with respect to staff) shall apply in relation to a person appointed under subsection (1) above as if the Authority were a relevant authority.
(3)The terms and conditions of employment of the person appointed under subsection (1) above (including conditions as to remuneration) are to be such as the Mayor and the Assembly acting jointly think fit.
(4)A person must not at the same time be both—
(a)the Authority's chief finance officer appointed under subsection (1) above, and
(b)a member of staff appointed under section 67(1) above.”.
(3)Where this section amends any provision relating to the appointment of a person as the chief finance officer of the Authority, any such appointment made before the commencement day and in force on that day has effect on and after that day as if made under the provision as amended.
(4)Where this section amends any provision relating to the terms and conditions of employment of any such person, the terms and conditions of employment of the person that are in force on the commencement day have effect on and after that day as if imposed under the provision as amended.
(5)In this section “the commencement day” means the day on which the amendment in question comes into force.
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